"AI Robot Insurance" to be Released in November, First in Japan, to Cover Risks of Malfunction The world's first "AI robot insurance" will be released in Japan in November. The new insurance product is designed to cover risks associated with AI robots, such as malfunction and accidents. The insurance policy will be provided by a Japanese company and will be available for purchase starting in November. The policy is expected to provide coverage for damages caused by AI robots, including those used in industrial and service settings. The development of AI robot insurance is seen as a response to the growing use of AI robots in various industries, including manufacturing, healthcare, and customer service. As the use of AI robots increases, so does the risk of accidents and malfunctions, making insurance coverage a necessary measure to mitigate these risks. The Japanese company behind the insurance product aims to provide a comprehensive solution for companies and individuals using AI robots, and to help promote the safe and reliable operation of these machines. The release of AI robot insurance in Japan is expected to set a precedent for other countries, and to contribute to the development of a new market for AI-related insurance products.
We haven't written up this one. Asahi Business has the full story — the link below goes straight to it.
